JO_GR112
Portland, OR    Thu  Dec 27, 2018    USDA Market News

Louisiana and Texas Export Bids

Gulf Export bids and basis for grain delivered to Gulf export elevators,
CIF barge to Louisiana Gulf (Mississippi River) and rail-truck Texas Gulf,
delivery periods as specified, dollar per bushel, except sorghum per cwt.
Bids as of 2:00 Central time; Subject to change.
_
Louisiana Midday bids and basis for US 2 Soft Red Winter Wheat
Cash Bids                Change              Basis         Change
Dec=   5.7550-5.9050     up 0.5               +65Hto +80H  unch
Jan=   5.7550-5.9150     up 0.5-up 1.5        +65Hto +81H  unch-up 1
Feb=   5.7550-5.9250     up 0.5-up 2.5        +65Hto +82H  unch-up 2
Mar=   5.7550-5.9250     up 0.5               +65Hto +82H  unch
Apr=   5.7775-5.8275     unch                 +60Kto +65K  unch
May=   5.7775-5.8275     unch                 +60Kto +65K  unch
_
Louisiana Midday bids and basis for US 2 Yellow Corn
Cash Bids                Change              Basis         Change
Dec=   4.1450-4.2250     up 2.25-up 1.25      +40Hto +48H  up 1-unch
Jan=   4.1750-4.2150     up 1.25              +43Hto +47H  unch
Feb=   4.2150-4.2250     up 1.25-up 2.25      +47Hto +48H  unch-up 1
Mar=   4.2150-4.2350     up 1.25              +47Hto +49H  unch
Apr=   4.2625-4.2825     up 1                 +44Kto +46K  unch
May=   4.2625-4.2825     up 1                 +44Kto +46K  unch
_
Louisiana Midday bids and basis for US 1 Yellow Soybeans
Cash Bids                Change              Basis         Change
Dec=   8.8900-8.9700     dn 1-dn 4            +20Fto +28F  unch-dn 3
Jan=   8.9400-9.0400     dn 1                 +25Fto +35F  unch
Feb=   9.0250-9.0450     dn 0.5               +20Hto +22H  unch
Mar=   9.0250-9.0750     dn 0.5               +20Hto +25H  unch
Apr=   9.1150-9.1350     dn 0.75-up 0.25      +16Kto +18K  unch-up 1
May    9.1150-9.1350     dn 0.75-up 0.25      +16Kto +18K  unch-up 1
_
Louisiana Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Dec=   NA                                       NA
_
Texas Midday bids and basis for US 1 Hard Red Winter Wheat
Cash Bids                Change              Basis         Change
Dec=   5.5500-5.7000     dn 0.5               +60Hto +75H  unch
_
Texas Midday bids and basis for US 2 Yellow Sorghum
Cash Bids                Change              Basis         Change
Dec=   7.2225-7.4025     up 2.25              +30Hto +40H  unch
_
Chicago and Kansas City Board of Trades month symbols: F January, G February,
H March, J April, K May, M June, N July, Q August, U September, V October,
X November, Z December

NC = New Crop

Monthly Average Prices fo            Nov 2018
                         Louisiana           Texas
US 2 SRW Wheat           5.75                NA
US 1 HRW Wheat           NA                  5.54
US 2 Yellow Corn         4.08                NA
US 1 Yellow Soybeans     8.99                NA
US 2 Yellow Sorghum      NA                  7.15

Source:USDA Market News Service, Portland, OR
       Niki Davila 503-535-5001 Portland.LPGMN@ams.usda.gov
       www.ams.usda.gov/mnreports/jo_gr112.txt
       www.ams.usda.gov/lpsmarketnewspage

11:46  nd